BTC $79,711.00 ▼ 0.66% ETH $2,308.56 ▼ 0.82% BNB $735.46 ▼ 0.20% XRP $1.30 ▲ 0.81% SOL $99.70 ▼ 1.44% TRX $0.3271 ▼ 0.90% FIGR_HELOC $1.04 ZEC $1,236.99 ▲ 1.31% HYPE $77.79 ▲ 0.65% DOGE $0.0772 ▲ 0.05% XMR $596.66 ▲ 1.02% WBT $76.57 ▼ 0.88% LINK $11.34 ▼ 1.00% LEO $9.04 ▲ 0.23%
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Ripple receives final OCC approval for national trust bank and RLUSD reserves

The Office of the Comptroller of the Currency gave final approval to Ripple National Trust Bank, completing its charter process.

  • The OCC granted final approval to Ripple National Trust Bank, completing its charter process.
  • The bank is authorized to manage reserves backing the RLUSD stablecoin and act as collateral trustee for holders.
  • RNTB can provide digital asset custody services but is limited to fiduciary activities and cannot accept deposits or make loans.
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